Funding you earn now, next payment 11:00 UTC+0.0207%/8h= +22.6% APRpaid last 24h +0.109%
Price spread now: Injective against Bitget−0.232%111s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 0.232% cheaper against Bitget than usual: you would sell low and buy high (spread −0.232% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 3.7 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.157% in total) that is about 10 days. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARMUSDT | 323.01 | 0 | get 0.0000% / 8h | 5h 51m | $1.7M | $4.2M | 20x |
| Short | Injective ARM/USDC PERP | 322.26 | 0.0207 | get 0.0026% / 1h | 51m 31s | $3K | $60K | 12x |
Bitget ARMUSDT
Injective ARM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $43.4
- Price spread: −0.232% → 0.000%
- −$23.22
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $8.16
- Costs to cover
- 0.120%
- Break-even
- 5.7 days
Slippage unknown: Bitget: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 5 min ago | 6.67 bp | 17.4 bp −$17 | 30.0 bp −$300 | 73.0 bp −$7,303 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ARM on 24 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0033% | 4h | 322.88 | −0.040% | $35K | $362K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 322.69 | −0.100% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 322.83 | −0.056% | $32K | $324K | 10x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 323.05 | +0.012% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 323.20 | +0.059% | $1.7M | $6.2M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 323.00 | −0.003% | $1.4M | $4.0M | 50x | as long as short |
| Bitget ARMUSDTlong | 0.0000% | 8h | 323.01 | long leg | $1.7M | $4.2M | 20x | |
| Variational Omni ARM | 0.0000% | 8h | 322.37 | −0.199% | $187K | $219K | — | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 322.33 | −0.211% | $1K | $2.1M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 322.72 | −0.090% | $18K | $12K | 20x | as long as short |
edgeX ARMUSDC
Aster ARMUSDT
Extended ARM-USD
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
SunX ARM-USDT
HTX ARM-USDTShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARMUSDT | +0.0002% | 8h | 323.02 | +0.002% | $8.3M | $50.5M | 20x | as long as short |
| BloFin ARM-USDT | +0.0003% | 8h | 322.79 | −0.068% | $125K | $55K | 20x | as long as short |
| QFEX ARM-USD | +0.0019% | 1h | 322.92 | −0.028% | $1.1M | $3.3M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 322.56 | −0.139% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.90 | −0.034% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 322.89 | −0.037% | $372K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.01 | 0.000% | $182K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0096% | 1h | 321.45 | −0.483% | $99K | $271K | 10x | as long as short |
| Injective ARM/USDC PERPshort | +0.0207% | 1h | 322.26 | −0.232% | $3K | $60K | 12x | |
| KuCoin ARMUSDTM | +0.0211% | 8h | 322.79 | −0.068% | $2.3M | $270K | 20x | as long as short |
| Phoenix ARM | +0.0248% | 1h | 322.56 | −0.139% | $8K | $424K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0291% | 1h | 322.84 | −0.053% | $8.3M | $8.6M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0867% | 1h | 322.67 | −0.105% | $12K | $55K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0915% | 8h | 322.87 | −0.044% | $752 | $254K | 10x | as long as short |
Binance ARMUSDT
BloFin ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Coinbase International ARM-PERP-INTX
KuCoin ARMUSDTM
Phoenix ARM
tradeXYZ xyz:ARM
Deribit ARM_USDC-PERPETUAL
GRVT ARM_USDT_Perp